Tag: SODIC

SODIC acquires 123-feddan extension to its ‘The Estates’ compound in West Cairo

New land plot is expected to add EGP 10bn sales over next…

Daily News Egypt Daily News Egypt

SODIC offered different location for its residential project in New Zayed

New allocated plot is beside original one, estimated at 440 feddan

Alyaa Stohy Alyaa Stohy

SODIC announces completion of first securitisation bonds issuance

The Sixth of October Development and Investment Company (SODIC) has announced the…

Alyaa Stohy Alyaa Stohy

Egypt’s Financial Regulator extends Aldar Properties’ MTO deadline for SODIC acquisition

Extension will apply for additional 30 days starting from 14 June

Alyaa Stohy Alyaa Stohy

SODIC records strong growth across operational, financial KPIs for Q1 2021

Strength of Q4 2020 carried over, helping company deliver best Q1 on…

Alyaa Stohy Alyaa Stohy

SODIC eyes EGP 8.8bn gross contracted sales in 2021

Company’s gross contracted sales in 2020 amounted to EGP 7.4bn, up 2%…

Daily News Egypt Daily News Egypt

SODIC may appoint IFA to assess its stock fair value following acquisition offer

UAE’s Aldar Properties presents preliminary non-binding offer for majority stake in SODIC

Alyaa Stohy Alyaa Stohy

UAE’s Aldar Properties presents preliminary non-binding offer for majority stake in SODIC

Offer for 51% minimum stake in SODIC is subject to due diligence,…

Alyaa Stohy Alyaa Stohy

SODIC records EGP 7.4bn in gross contracted sales during 2020

Residential sales grew by 19% driving y-o-y sales growth despite challenging year

Shaimaa Al-Aees Shaimaa Al-Aees